Brasília, October 21, 2026. The Brazilian press is treating the matter as a market and governance issue. Folha de S.Paulo, which reprints a dispatch from the Financial Times, and UOL Notícias report that SpaceX and Tesla have created "special committees" to study a merger between the two listed companies of Elon Musk. He, presented as "the richest man in the world", has deemed the combination "a good idea", while specifying that "shareholders must ultimately support it" and that the committees have reached no agreement. He claims not to be participating in the discussions of either of the two boards of directors, due to a conflict of interest.

The figures are taking center stage. According to Folha, SpaceX's quarterly revenue has jumped 161%, driven by contracts for renting its data centers: $14.6 billion (73.1 billion reais) in the third quarter, compared to $5.6 billion a year earlier and $12.9 billion expected by analysts. The net profit reaches $4.4 billion. After the close, Tesla's stock gained around 1% and SpaceX's 4.5%. The newspaper also recalls the close collaboration between the two groups, particularly in Terafab, a semiconductor manufacturing project in Texas that could cost $119 billion.

Estadão, via its TecMundo section, relies on Reuters and details the scenario. The committees have not yet set terms and "there is no guarantee that they will succeed". Musk states that the merger "has a lot of merit" and "a lot to gain". The newspaper estimates that he should find support from Tesla, which recently approved a bonus of one thousand billion dollars for him, and that, in the most optimistic scenario, an announcement could come in December, during Tesla's annual investor meeting. The article lists what the conglomerate would bring together: SpaceX rockets, Starlink satellite internet, Tesla electric cars and humanoid robots, and xAI with the X network and Grok. The combined market value would approach $3,000 billion.

The perspective is therefore that of the investor: valuation, shareholder vote, calendar. The issues of concentration of power or regulation remain absent from these articles, which mainly evoke the industrial logic around artificial intelligence and the announced support of shareholders.

Berlin, October 21, 2026. The German press is treating the announcement as a matter of governance and valuation before seeing it as an industrial project. According to the FAZ, Elon Musk stated on Tuesday, October 20, during the presentation of SpaceX's results, that the two groups had formed a committee to examine a potential merger: "I think it would be a good idea," he said, citing synergies. He claims not to be participating in the deliberations due to conflicts of interest and considers it excessive to talk about "certainty," as the shareholders must approve the operation.

The figures are taking center stage. The FAZ notes that SpaceX, in its first full quarter since its introduction to the stock market, has increased its revenue from $5.6 to $14.6 billion and achieved a net profit of $4.4 billion, above expectations. The Tagesschau estimates SpaceX's capitalization at over $1.9 billion and Tesla's at around $1.48 billion: a merger would be the largest in history and would create, according to them, a giant worth $3.5 billion, spanning from electric cars to robotics and satellite communications.

The public channel is focusing on the market reaction: after the announcement, Tesla's stock gained a little over 2% in after-hours trading, while SpaceX progressed by more than 9%, above $160. It sees this as a sign that Tesla's investors are not expecting a significant premium. It also recalls that SpaceX went public in mid-June at $135, with $75 billion raised, and that Musk's fortune, estimated at $920 billion, is based on his stakes in the two companies.

Helsinki, October 21, 2026. Finnish media report that, upon the release of SpaceX's quarterly results, Elon Musk confirmed the creation of special committees to examine a potential merger with Tesla. According to MTV Uutiset, citing Reuters, he stated that the merger "would make sense and have many advantages," while emphasizing that nothing has been agreed upon.

The daily newspaper Helsingin Sanomat focuses on the scale of the potential deal. Citing the Financial Times, it mentions a group centered on artificial intelligence that could be worth over three billion dollars. Barclays estimates that an announcement could come before Tesla's general meeting on December 3, with SpaceX being the most likely acquirer, according to the bank. The newspaper also recalls the joint project Terafab, a chip factory in Texas that could cost up to 119 billion dollars, according to the FT, and notes that Tesla's stock gained around 1.5% after Musk's comments, while SpaceX's stock gained around 5% after exceeding expectations.

Yle, on the other hand, publishes a more critical analysis. It recalls that Musk has been involved in a series of mergers: xAI acquired X last year, and then SpaceX acquired xAI in the spring. Unlike these operations, this time it involves two publicly traded companies, requiring shareholder approval. Since only a few percent of SpaceX's capital is floating, the decision will effectively be up to Tesla's shareholders, who will have to judge whether the union is more beneficial than independence. Yle estimates that, at first glance, between a rocket and AI company and an electric car manufacturer, "there are not many synergies," and that existing collaborations (materials research, semiconductors in Texas, recent sports car) do not require a merger. The publication sees the potential deal as a way for the billionaire to get rid of the "nuisance" automotive business.

New York, October 21, 2026. The US press initially treats the announcement as a market event. On Tuesday, October 20, during the presentation of SpaceX's quarterly results, Elon Musk confirmed that SpaceX and Tesla had formed special committees at the request of shareholders. "I think it would be a good idea, but it really depends on the special committees of the two companies," he said, according to Time. Composed of independent administrators, these committees must agree on the terms before a shareholder vote; Musk says he will not participate due to his conflict of interest.

Time notes that the operation could create a group worth around $3,500 billion and become the largest merger by value, surpassing the record acquisition of xAI by SpaceX for $250 billion in February. SpaceX is valued at around $2,000 billion, Tesla at $1,500 billion. Analysts from Barclays mentioned the possibility of an announcement before Tesla's annual meeting in December the previous week.

CNBC focuses on the market reaction: SpaceX stock gained 8% on Wednesday, October 21, after revenue of $14.6 billion in the third quarter, up 161%, compared to the $12.72 billion expected by the LSEG consensus. The net result reached $4.4 billion, compared to a loss of $1.05 billion a year earlier. SpaceX forecasts revenue of $33 to $37 billion in the first quarter of 2027. Rocket Lab, Intuitive Machines, and AST SpaceMobile also made gains. Tesla will release its results on Wednesday after the close.

Paris, October 21, 2026. The French press reports on an expected confirmation: on Tuesday, October 20, during the conference call on SpaceX's financial results, Elon Musk admitted that Tesla and SpaceX are studying a merger. "I think it would be a good idea, but it will really depend on the special committees of the two companies," he said, according to BFMTV, which sees this as the first official confirmation of talks.

Le Monde quantifies the stakes. SpaceX is worth around $2,000 billion on the stock market (around 1,780 billion euros), Tesla around $1,450 billion. A merger would create "one of the most valued companies in the world". The newspaper highlights the asymmetry of control: Elon Musk owns the majority of SpaceX's capital, which he founded with his profits from the sale of PayPal in 2002, but less than 15% of Tesla.

The two titles relay the governance mechanism described by the leader. The special committees, composed of independent administrators, were set up at the request of shareholders, who should ultimately approve an agreement. Elon Musk, "in a conflict of interest", says he does not participate in their discussions. He considers it premature to assume that a merger will take place: the committees have not agreed on the terms of a transaction and may never do so.

On the industrial level, BFMTV cites the list given by Elon Musk: "the development of superintelligence software, the design of chips, (...) robotics, mass launch into orbit (...), as well as connectivity". Le Monde writes that this rapprochement "follows an industrial logic, as SpaceX and Tesla are intertwined".

Budapest, October 21, 2026. Hungarian media treated Tuesday's announcement as a financial matter. HVG, citing Reuters, reports that Elon Musk deemed the merger of SpaceX and Tesla "a good idea," while specifying that "it depends on the special committees" of the two companies. According to HVG, this is the first time he has officially confirmed formal discussions. The committees, composed of independent administrators, were created at the request of shareholders, whose approval would be necessary for any transaction. Musk, a party involved, says he cannot participate in their meetings and warns that it would be premature to consider the operation a done deal.

The markets are in the spotlight. HVG indicates that the space company's stock gained 8% in after-hours trading and that SpaceX has turned a profit for the first time since its introduction to the stock market. The newspaper also notes Musk's forecast: an annual recurring revenue of $500 to $1,000 billion by the end of 2027, driven by demand for data center capacity related to artificial intelligence. Telex details the third-quarter results: a net profit of $4.4 billion after two deficit-ridden quarters, and $14.6 billion in revenue, up 161% year-over-year. The site quotes Musk's phrase, saying he feels "like he's dancing the tap dance on a minefield."

444 emphasizes the concentration of power, even in its title: Musk "would increase his influence." The site recalls that he owns a fifth of Tesla and more than half of SpaceX; after the merger, he would own 37% and more than 56% of the votes. Analysts consider SpaceX the more likely acquirer, with a possible announcement before Tesla's December meeting. 444 also recalls that SpaceX has purchased hundreds of millions of dollars' worth of Megapack and Cybertruck that the market could not absorb, and that the initial public offering aimed for a valuation of $1,750 billion.

Mexico, October 21, 2026. Mexico's economic press is addressing the Tesla-SpaceX file through the lens of Wall Street and shareholders. El Financiero, in an article on October 20, recalls that the "growing technological and commercial cooperation" between Elon Musk's two companies is leading Wall Street analysts to openly discuss a merger, although neither company has confirmed negotiations.

The newspaper places the issue on the calendar: SpaceX presented its third-quarter results on Tuesday, Tesla on Wednesday. Among the questions sent by SpaceX shareholders for the Q&A session was: "When will SpaceX merge with Tesla?" This is seen as an opportunity for the leader to explain his plans.

El Financiero then reconstructs the previous signals. In July, during Tesla's earnings conference, Musk acknowledged "increasing overlap" between the two groups, especially in artificial intelligence, without ruling out a merger: it should follow "the appropriate procedure". A month earlier, SpaceX president Gwynne Shotwell had spoken on CNBC about synergies and "convergence", judging that a merger "could make Elon's life a little easier".

The text emphasizes the financial links already established: Tesla invested two billion dollars in SpaceX in March and generated $405 million in revenue from the space company in the first half, mainly through the sale of energy storage systems.

Warsaw, October 21, 2026. The Polish press treats the announcement as an industrial project above all. Wirtualne Media and RMF24 take up the same matter: the remarks made by Elon Musk to investors and the analysis of the Reuters agency, published on Tuesday, October 20, 2026, according to the two media outlets.

Musk states that the merger "would be a good idea, but the decision belongs to the special committees of the two companies." He specifies that due to a conflict of interest, he is not participating in their negotiations, that the conditions of the transaction have not yet been determined, and that the merger may never take place.

The central argument relayed is technological. According to Reuters, the operation would allow Musk to build an integrated group covering artificial intelligence, robotics, energy, satellite communications, and transportation, on Earth and in space. Musk invokes a "decisive moment" towards superintelligence: "many reasons argue for the rapprochement." He cites cooperation on AI software, chip design, robotics, and orbital data centers.

The two texts detail the complementarities advanced by Reuters. The Starlink satellites would provide connectivity to Tesla's robotaxis and Optimus humanoid robots; Tesla's batteries and energy storage systems would power SpaceX's energy-hungry data centers. The two groups are already collaborating on Terafab, a project to produce advanced AI chips. The merger would simplify the governance of joint projects and the use of capital, while potentially strengthening Musk's control over the whole.

Bucharest, October 21, 2026. The Romanian press is treating the news as a dispatch relay: G4Media and Mediafax are picking up the same story, attributed to the BBC, and titling it straightforwardly: "Elon Musk considers merging Tesla and SpaceX".

On Tuesday, during a conversation with financial analysts about SpaceX's quarterly results, Elon Musk stated: "I think it would be a good idea? Yes". However, he clarified that the merger should not be taken for granted and would require shareholder support. Special committees have been set up in both companies to examine the operation. Musk cited their reserve: "The special committees have not agreed on the terms of any transaction and there is no guarantee that they will." He added: "But I think the merger presents many benefits and a lot to gain."

The Romanian account puts the figures front and center. Tesla is valued at around $1,500 billion and SpaceX at $2,000 billion; a merger would be one of the largest in history. G4Media makes this the core of its title, with these two valuations.

The articles also detail the situation of SpaceX. The company, which builds rockets and Starlink satellites, is now offering cloud computing capacity to other tech groups, including Anthropic and Google. This activity has become the most profitable: $7.5 billion in revenue according to the latest results. Starlink generated $5.2 billion. SpaceX as a whole is not profitable and has lost $1.1 billion since the beginning of the year.